Recently, well-known Wall Street analyst Tom Lee released an in-depth analysis report on the prospects of Ethereum (ETH), which has attracted widespread attention in the crypto assets market.

Lee pointed out that the latest Project Crypto policy announced by the U.S. Securities and Exchange Commission (SEC) and the White House aims to expand the U.S. financial markets onto the blockchain. Given that Ethereum is currently the largest smart contract public chain, this policy could have a significant impact on it.

The analysis report highlights several key reasons why Wall Street has chosen Ethereum. First, Ethereum has never experienced a major outage, demonstrating its stability. Second, large financial institutions, including JPMorgan and Robinhood, have begun using the Ethereum network, further enhancing its credibility.

Based on relevant data analysis, Lee's digital asset team predicts that the fair value of Ethereum may reach between $10,000 and $20,000 within the next 12 months. Lee also compares the current stablecoin trend to ChatGPT in the field of artificial intelligence, believing that this will accelerate Wall Street's adoption of Ethereum.

In the long term, as real-world assets are tokenized on the blockchain, Wall Street funds may become more actively involved in Ethereum staking. Lee even boldly predicts that as more financial assets move to the blockchain, the price of Ethereum could reach $60,000 or higher.

However, despite Lee's analysis attracting widespread attention and recognition from Wall Street institutions, investors should remain cautious and fully consider the high risks of the crypto assets market. After all, market trends are influenced by various factors, and there is still uncertainty regarding future developments.